Monzo Tag

The end of October saw startup bank Monzo confirmed as the latest British unicorn, hitting a valuation of $1.2bn three years after launching.
This isn’t London’s first unicorn by any means, with Deliveroo and Funding Circle leading the way.
But so far none have come close to

The UK has continued to lead the way for funding activity in the European technology sector, both in terms of startups attracting investment and UK-based investors fuelling the continent’s exciting new talent.
British startups secured almost a quarter of all early-stage tech investment in Europe in

Fintech challenger bank Monzo is launching its first interest-earning savings pot.
Customers will be able to create so-called savings pots within their Monzo account that will earn interest at one per cent per year, paid monthly, on savings of £1,000 and above.
Customers can open up to

Digital bank Monzo is planning an equity crowdfunding round to raise £20m from its customers as it gears up to receive a $1bn valuation from new investors later this year.
The round will be one of the UK’s largest crowdfunding round to date, rivalled only by

London-based fintech firm Flux will roll out a UK-wide deal with sushi chain Itsu that could see users receive nutritional information sent straight to their phones.
Starting today, users who have opted in with Flux's banking partners will receive an itemised digital receipt inside their banking

Challenger bank Monzo has announced a partnership with fintech unicorn Transferwise on international payments.
It marks the second big tie-up for Transferwise in recent weeks, after confirming it was working with France's second largest bank BPCE Groupe.
Today, the companies said the partnership will mean Monzo customers

The United Kingdom’s financial technology sector attracted a record £1.34bn in venture capital investment in 2017, with 90% of that money going to startup and early stage businesses based in London.
Arguably the flood of cash to London’s ‘fintech’ sector - as highlighted in a January

Britain’s financial technology industry shrugged off the Brexit vote, attracting more than double the amount of venture capital investment last year than in 2016, according to new data published on Wednesday.
Fintech companies, such as TransferWise and OakNorth, raised $1.8bn of venture capital investment last year,

Monzo believes it can restyle banking for the digital age. Its strapline is: “We’re building the kind of bank that you’d be proud to call your own.” It uses a lot of emojis in its communications. Along with other app-based challenger banks, such as Starling and Atom, it